VestaX™DAO SFTs

VestaXDAO: VESTAXDAO-e6c48c

VestaX™DAO SFTs represent the tokenization of the Company's 2nd Subsidiary, VestaX.Finance™ Subsidiary. The collection ticker is VESTAXDAO-e6c48c.

The Collection is split into 3 variants.

  • Golden Vesta, VESTAXDAO-e6c48c-01, 1000 UNITS

  • Silver Vesta, VESTAXDAO-e6c48c-02, 2000 UNITS

  • Bronze Vesta, VESTAXDAO-e6c48c-03, 4000 UNITS

NATIVE Earnings

1) NATIVE Rewards

Due to blockchain restrictions, these profits will be distributed only to:

  • Staked SFTs

The Native earnings represent the earnings of the VestaX.Finance™ Subsidiary. These total profits of the subsidiary will be split as follows:

  • 50% will be redirected as earnings for Demiourgos.Holdings™

  • 50% are profits kept by VestaX.Finance™ to be given to its benefactors.

The Benefactors of the VestaX.Finance™ Subsidiary are:

  • The Company itself retains 10% for operating costs and maintenance.

  • Golden Vesta SFT owners retain 30%

  • Silver Vesta SFT owners retain 30%

  • Bronze Vesta SFT owners retain 30%

VestaX.Finance™ will earn from the following sources:

  1. 0.2% to 0.3% of the 2% fee on VestaX.Finance™ DEX

    1. 0.3% from Tier X Pools, 0.2% from non-Tier X Pools (GSC Pool is an exception, as it has a special fee structure).

  2. Maintenance Fee from the vEGLD Liquid staking Protocol (currently set at 5% as an introductory fee, to be increased to 10% later on)

  3. Profits from the Lending Protocol.

  4. Profits from the Company Crypto-Bank

  5. Profits from all future financial endeavors the Subsidiary will be involved in.

These earnings are not affected by DEB™. Each SFT will earn the same amount as per its share.

STAKING Earnings

Staking VestaX™DAO SFTs will bring further rewards and benefits to their owners depending on the staking method, as there are multiple staking variants. Considering the staking benefits, we distinguish 4 different ways to stake VestaX™DAO SFTs:

  1. Subsidiary Staking Mode.

  2. Single Individual Mode.

  3. Major Universal Mode.

  4. Minor Universal Mode.

2) PRIMARY STAKING Rewards

Staking VestaX™DAO SFTs using one of the 4 staking Variants, makes the VestaX™DAO SFTs eligible for earning a chunk of the 15% of the daily Snake Token Emission reserved for Subsidiary Staking. Earnings are distributed in the Ecosystems' "reward token", AURYN, created at the daily Auryndex™, from 15% of the daily Snake Token emission.

Earnings are based on a subsidiary Score, weighted by DEB™, which is then compared to the Total Subsidiary Score of all the persons involved in subsidiary staking.

The Score mechanics are as follows:

  • Subsidiary Staking Mode. 4/2/1 Subsidiary Points for Golden/Silver/Bronze VestaX™DAO SFTs.

  • Single Individual Mode. 4/2/1 Subsidiary Points for Golden/Silver/Bronze VestaX™DAO SFTs.

  • Major Universal Mode. 20/10/5 Subsidiary Points for Golden/Silver/Bronze VestaX™DAO SFTs.

  • Minor Universal Mode. 8/4/2 Subsidiary Points for Golden/Silver/Bronze VestaX™DAO SFTs.

As these Earnings are affected by DEB™, they scale with Elite Account Tier.

3) SECONDARY STAKING Rewards (From Royalties)

The Royalties accumulated through trading are used to generate further rewards for the VestaX™DAO SFTs owners using the following steps:

  1. Royalty funds are converted to vEGLD-Vesta-LP using the most efficient swapping path, and are then staked in Elite Mode in the VestaX.Finance™ DEX.

  2. Rewards are minted as 20-year sVESTA on a weekly basis and added to the Vesta-VAULT™

  3. Here they will generate the following rewards:

    1. Liquid VESTA Tokens.

    2. vEGLD/USDC as DEX Fees distributed to the Vesta-VAULT™ (0.4% of the 2% DEX Fees are injected monthly as rewards to the Vesta-VAULT™ for all Vesta-VAULT™ participants)

    3. GSC Rewards.

  4. These rewards are distributed monthly to the VestaX.Finance™ Subsidiary Benefactors (see above who the benefactors are). As such, they are unweighted by DEB™.

BENEFITS

4) PRIMARY Benefits

The main benefit of Staking VestaX™DAO SFTs is boosting VESTA Token production:

  1. Subsidiary Staking Mode: Boosts VESTA Token production across all VestaX.Finance™ DEX Farms and Vaults, ONLY for the user who staked the SFTs.

  2. Single Individual Mode: Boosts VESTA Token production in a single Vault or Farm on the VestaX.Finance™ DEX, ONLY for the user who staked the SFTs.

  3. Major Universal Mode: Boosts VESTA Token production for all participants in the VestaX.Finance™ DEX Capital vEGLD Farm, namely the vEGLD-VESTA Farm.

  4. Minor Universal Mode: Boosts VESTA Token production for all participants in any other single VestaX.Finance™ DEX vEGLD Farm apart from the Capital vEGLD Farm.

As the Subsidiary Staking Mode boosts are affected by DEB™, they scale with Elite Account Tier.

The Boost Values as well as Subsidiary Scores Values are detailed in the table below:

It is worth pointing out that in the DEB v2 System, the Tier Requirements for Subsidiary Staking Mode will be the following:

  • Infidel (nT0) from Tier -1/0/1

  • Novice Investor (T2.1) from Tier 2

  • Novice Entrepreneur (T3.1) from Tier 3

  • Associate Mogul (T4.1) from Tier 4

  • Associate Magnate (T5.1) from Tier 5

  • Junior Tycoon (T6.1) from Tier 6

  • Neophyte Demiurg (T7.1) from Tier 7

5) SECONDARY Benefits

Keeping VestaX™DAO SFTs staked, increases your Vesta Loyalty Score. Depending on your Elite Account Tier, you can get either 1,2,3,4,5,6 or 7 points daily (depending on your elite account Tier; Tiers N/0/1 get 1 points per day). Unstaking the SFTs will reset your score to ZERO.

This score is the base of a separate DEX Multiplier that increases your VESTA production, the VLM (Vesta Loyalty Multiplier).

VLM = 1 + Vesta.Loyalty.Score/10000.

The longer you keep your SFTs staked without moving them, the greater your VESTA rewards will get. There is no upper limit to the value of the Vesta Loyalty Multiplier.

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